TAPE is defying Fed fears & marching to its own beat.
S&P 500 @ 1650.82, high 1652.02 low 1639.77...it will be interesting to see where it closes.
Internals are positive.
Oil UP 38 cents
Gold Down $15.60
Canadian $ Down 22 tick @ 97.95
VIX UP .54% @ 16.89......?
Portfolio EBAY KOG BBRY AUY
Most stocks are UP
@ 1.34 following are red :
AUY NFLX TSLA RDN PANW COH KORS
AAPL LEN TZA JCP BIDU GG GRPN
JASO GMCR CSIQ NVDA STLD
EGO SLW AEM GS IBN FCX.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
A very surprising and great move on AMCC today of +20.0% on hard-to-find news (not sure I have the whole story still).
I guess sometimes it pays off to take a chance on something relatively unfamiliar but that sets up well technically (which I can determine) and then also fundamentally (according to that analyst report I linked at the time)!
Stocktrader
Hi Stocktrader,
I saw AMCC few minutes ago...no matter what the reason...20% is huge move......
Patience pays ...
Saleem
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